NorthMarq Capital arranges permanent refinancing of $4.5 million for Linden West Apartments in Indianola, Iowa
OMAHA (August 2, 2018) – Jason Kinnison, senior vice president of NorthMarq Capital’s Omaha regional office arranged permanent refinancing of $4,500,000 for Linden West Apartments, consisting of 96-units located at 1203 West 2nd Avenue, Indianola, Iowa. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a correspondent life company.
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Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.
